1)149 34th St, Union City, NJ 07087Multi family Listed 365k8/5 2806 sq ft3 parking spaces 25x35 lot Taxes 13,580Built 1928 gas heat Basement: Finished, Full2)250 Custer Ave, Jersey City, NJ 07305MultiListed 249k5/2 1840 sq ftHeating : gas/ steam Basement : Unfinished, Full, Walk-Out AccessAs is condition Please help!!

Bad tenants are scary but if you do a walk through before they move in that clearly identifies the condition of everything and have them sign off on it, they will be legally responsible for any damages.

What condition it the property and unit in?

So if you can keep the property in good condition and updated it would make sense to me that it could appreciate over time.

This said, what are the market conditions in your price point? 

Typically, buyers who aren't investors, are expecting a property in like new condition. 

Still, there don't seem to be ANY good condition, move-in ready properties in the same area below the 130k area so I wasn't expecting to find brand new houses for 185k and 190k.

Additionally, they did not buy that water heater so how do they know if its in poor condition or not.

The house is in original condition from mid 70s.We are thinking about how to structure potential deal?

House was in terrible condition upon purchase with these problems:*Foundation needed to be updated/replaced*Beetle damage*No kitchen*No flooring*ADU with no bathroom, kitchen and uneven slab.